Qatar's PPI surges 18.9% year-on-year in November:
Robust hydrocarbons and manufacturing sector helped Qatar's industrial producers' earnings register a double-digit growth year-on-year in November 2018, according to official estimates.
Qatar's producer price index (PPI) – a measure of the average selling prices received by the domestic producers for their output – surged 18.9% on an yearly basis but reported a sharp 5.7% month-on-month decline during the review period, said the figures released by the Ministry of Development Planning and Statistics (MDPS).
MDPS had released a new PPI series in late 2015. With a base of 2013, it draws on an updated sampling frame and new weights. The previous sampling frame dates from 2006, when the Qatari economy was much smaller than today and the range of products made domestically much narrower.
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